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Galaxy: The number of BTCL2 projects has risen by about 7 times from 10 to 75 in 2021.
【Galaxy: The number of BTCL2 projects has risen about 7 times from 10 to 75 since 2021】Galaxy disclosed data on the X platform, showing that the number of BTC L2 projects has increased about 7 times from 10 to 75 since 2021. Since 2018, BTC L2 has received a total investment of $447 million, and this trend is changing the utility of BTC. In addition, the BTC L2 project has achieved unprecedented rise, receiving 36% of venture capital funding in 2024 alone. It is expected that by 2030, BTC worth over 47 billion USD can be accessed on L2, providing support for Decentralized Finance, Fungible Token, and payments.